Wells Fargo Downgrades National Health Investors (NHI) to Market Perform

January 16, 2013 8:12 AM EST
Get Alerts NHI Hot Sheet
Price: $74.82 +1.34%

Rating Summary:
    3 Buy, 8 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Wells Fargo downgraded National Health Investors (NYSE: NHI) from Outperform to Market Perform and removed the stock from their Priority Stock List.

Given recent outperformance, NHI shares trade at a premium to the healthcare REIT group at 18.2x their 2013 FFO estimate and above the group's 15.5x.

For an analyst ratings summary and ratings history on National Health Investors click here. For more ratings news on National Health Investors click here.

Shares of National Health Investors closed at $60.99 yesterday.

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